88 Cowan Avenue
South Parkdale, Toronto
$1,789,000
Detached investment property on sought-after Cowan Avenue in South Parkdale, situated on a deep 150 ft lot. Currently set up with 5 oversized units. Well maintained with many improvements completed over the years. Great location close to Queen West, Liberty Village, Exhibition Place, the waterfront, transit, shops and restaurants. Easy access to downtown and the Gardiner. Financials available.
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| Type | Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $9,276 |
| Lot Size | 28.5 ft x 150 ft |
| mls© Number | W13863736 |
| Listed By | GILBERT REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,157
- Property tax
- $773
- Heat allowance
- $150
- Housing costs
- $10,080 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$310,000
gross annual household income
- Payment at 4%
- $7,528 / mo
- Cash down
- $357,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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